FOREX SIGNAL FOR CADJPY PAIR, 26TH FEBRUARY, 2009, THURSDAY

CADJPY just broked out upwards of an ascending triangle. The pair is very bullish and the bullish confirmation is now established on this one hour chart. Buy now @ 78.07 Prepare to take profit whenever and whereever the GBPJPY pair reaches our target of 141.50. stoploss is 90 pips.

And the best of all, the pair is also very bullish in our daily, weekly and monthly timeframes. For now, we will only buy this pair. The pair has broken upwards outside an ascending triangle in both the daily and weekly timeframes. The candlestick of monthly chart is also a bullish harami

Good trading